SoftBank launches new $108 billion fund to invest in A.I.

  • “The total expected contribution to the SoftBank Vision Fund 2 from both the Japanese conglomerate and other partners stands at about $108 billion
  • The first fund is known for investing billions of dollars into global technology and telecommunication companies. The fund, which delivered about 45% rate of return to partners after fees on a net equity basis, invested into companies such as Uber, Slack, The We Company (formerly known as WeWork), as well as Indian e-commerce firm Flipkart.”

https://www.google.com/amp/s/www.cnbc.com/amp/2019/07/26/softbank-vision-fund-2-launches-108-billion-fund-to-invest-in-ai.html

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